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May 27, 2012
 
 
 
 
 
 

Syria’s Assad pledges help for Turkish investors

Syrian President Bashar al-Assad
22 February 2010 / TODAY’S ZAMAN, İSTANBUL
Syrian President Bashar al-Assad has requested that Turkish businessmen directly get in contact with him to report any issues they face when investing in Syria, assuring them that the difficulties will be resolved.

Assad, speaking at a meeting with Turkish Union of Chambers and Commodity Exchanges (TOBB) President Rifat Hisarcıklıoğlu on Saturday, said, “We want Turkish businessmen to make investments in Syria.” To overcome any difficulties these businessmen face, he requested that they directly get in touch with him so as not to have to deal with bureaucratic obstacles. In regards to the plans of Ziraat Bankası to establish a bank in Syria with Syrian partners, the TOBB head stated that the negotiations were continuing but that there were some obstacles. He said Assad expressed pleasure over the visit of 35 Syrian businessmen to Turkey last week. The Syrian president also stated that he wanted priority to be given to Turkish businessmen and construction companies in tenders in various fields such as highway construction, Hisarcıklıoğlu reported. The TOBB head underlined that “Syria should not be regarded merely as a country with a population of 21 million, but as a gateway to the Arab world.”

He stressed that with the recent visa requirements between the two countries no longer in existence, the largest barrier that had hindered bilateral trade had been removed.

Hisarcıklıoğlu stated that Syrian businessmen want to establish a structure similar to Turkey’s Foreign Economic Relations Board (DEİK) and requested help from TOBB. Recalling that TOBB conducts training activities for the Syria Investment Agency, he continued: “The Economic Policy Research Foundation of Turkey [TEPAV], the think tank of TOBB, will conduct an investment environment analysis of Syria. The project, which will also be supported by the World Bank, will determine the obstacles for investing in Syria.”

Following the completion of the analysis, a conference will be held jointly in Syria by TOBB, the Islamic Development Agency (İKT), the World Bank and the Syria Investment Agency, he said.

 
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